http://www.nytimes.com/2009/04/10/opinion/10krugman.html
there were times when things were -- manageable. The tide turned in the 90s (as in many other domains) when the complex derivatives and the IT took off. And then like I said, the society cannot consider itself without blame. That kind of culture is now pervasive in the society, libertarianism, a sort of alpha-male individualism and disinterest for the others, this rat race for material possessions, a certain cynicism, short-termism, lack of education (no, that does not mean I would be some old school conservative), and in general what we call "nivellement par le bas" in all places. Well here it is, we harvest what we sew. Free at last! Free at last! Thank God Almighty, we are free at last! (Martin Luther King)
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.